Canadian expansion for United

22 October 2018

United Rentals’ Canadian subsidiary, United Rentals of Canada, has agreed a deal to acquire WesternOne Rentals & Sales for a cash fee of US$91.8 million (CA$120 million).

United rentals

WesternOne is a regional equipment rental provider of aerial lifts and heat solutions in Western Canada, with additional offerings of temporary power, general construction equipment and fuel delivery. The company operates 12 locations and employs approximately 330 people.

The deal is expected to close before the end of 2018, subject to approval by the shareholders of WesternOne, along with other customary conditions. United said the deal would not have a material impact on the revenues or earnings of the company.

Michael Kneeland, CEO of United Rentals, said, “The acquisition of WesternOne Rentals & Sales will expand both our general rental and specialty offerings in key Canadian provinces. WesternOne’s aerial and portable heat rentals dovetail with our own range for construction and industrial customers.

“We’ll also gain scale and diversification in two areas: the sports and entertainment vertical, with a focus on film and television production, and a comprehensive propane and diesel fuel service.”

Kneeland continued, “In addition, the combination directly aligns with our vision for customer service. We particularly like the fact that WesternOne’s culture focuses on people and innovation. In addition to cross-selling our equipment and services, we’ll be able to give our combined customer base the benefit of new expertise and a larger pool of shared technology. We look forward towelcoming WesternOne employees to United Rentals.”

Latest News
10 management software systems for your rental company
Rental management software has evolved to meet the needs of every size and type of equipment rental company
Report reveals sustainability surge: 73% of contractors already implementing practices
Survey of approximately 13,000 construction professionals reveals what sectors are embracing sustainability
McGovern adds Liebherr MK 140-5.1 crane
UK crane rental specialist takes delivery of a new mobile folding construction crane from Liebherr GB